US trade deficit swells to $42.3 bn in February | Bangkok Post: news

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US trade deficit swells to $42.3 bn in February

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The US trade deficit increased sharply in February as imports rose and exports tumbled amid signs of slowing growth in China and Europe's tepid recovery, official data showed Thursday. 

Large container ships are docked at a terminal in the Port of Los Angeles, on April 16, 2013

The nation's trade gap in goods and services with the rest of the world widened to a seasonally adjusted $42.3 billion, from an upwardly revised $39.3 billion in January, the Commerce Department said.

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